Monday, March 5, 2018

OCBC - Locked in Profits Today

Today was a good day as we went to LIVE trading together in a big event. Longed OCBC last Friday and today was the day to sell. Sold at the peak of 13.21 where the stock gap up this morning and soon after, the banks started to sell down. OCBC had some good coverage in the Edge magazine over the weekend which I think that was why price ran. Morning, the stock opened strong and then suddenly because of the strong gap up, I saw that it's a maneuver that the smart money used to lock in profits and hence I followed the action by locking in profits.

Many made $ with me trading OCBC and congrats to everyone who locked in profits. You guys rocked. Today is just a good day selling and booking $. Looking forward the next trade.

Ronald K - Market Psychologist - A Stock Market Opportunist